TENANT FEES AND PERMITTED PAYMENTS

LetSimple Ltd does not charge tenants administration, referencing, viewing, check-in, check-out or tenancy renewal fees where these are prohibited under the Tenant Fees Act 2019.

Depending on the tenancy and circumstances, tenants may be required to make the following permitted payments:

• Rent, as stated in the tenancy agreement.

• A refundable holding deposit of no more than one week’s rent.

• A refundable tenancy deposit of no more than five weeks’ rent where the annual rent is below £50,000, or no more than six weeks’ rent where the annual rent is £50,000 or more.

• Payments to change the tenancy at the tenant’s request, capped at £50 unless the reasonable costs incurred are higher.

• Payments associated with the tenant’s early termination of the tenancy, limited to the landlord’s loss and the agent’s reasonable costs.

• Interest on rent which is at least 14 days overdue, calculated at no more than 3% per annum above the Bank of England base rate.

• The reasonable cost of replacing a lost key or other security device, supported by evidence of the cost incurred.

• Payments for utilities, communication services, television licence and Council Tax where the tenant is responsible under the tenancy agreement.

All payments are subject to the tenancy agreement and applicable legislation.